What Is an Executed Contract? - A Brief Overview.

By Sean Heck on 11/17/22

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Contract execution is a critical stage in contract lifecycle management. By this point, the terms of the contract have been negotiated. Parties have ensured that everything is understood and all necessary resources have approved the written agreement. From there, contract parties sign the contract to propel its execution.

Given the importance of this stage of contract management, you should know what an executed contract is and its meaning. As such, here is a brief overview of an executed contract.

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Reap the Rewards of Post Award Contract Management

By Maria Votlucka on 10/24/22

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Government contract management is divided into three stages: procurement or acquisition planning, sourcing, and post-award contract management. 

The first two stages have had the most focused time and financial investment for improvement.  This approach leaves post-award management as a secondary duty for contract officer representatives (CORs) and contract managers within legal teams. Consequently, they are left unsupported for compliance, risk management, and opportunity realization. 

Arguably, contract processes after acquisition and sourcing are the most crucial stages for public-sector and private-sector contract managers. However, these stages notoriously lack proper visibility and resources.  This article will address the challenges and present actionable post-award contract management best practices with the help of contract management software.

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The Top 8 Items for Legal Digital Transformation in 2022

By Mark Nastasi on 12/23/21

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CobbleStone Software’s Executive VP and Founder, Mark Nastasi, narrows down his top eight items of recommendation to help you lead your legal digital transformation in 2022.

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Simplify Contract Management With Contract Insight® Express Edition

By Joshua Hansen on 04/13/21

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Do you manage contracts in a small to mid-size organization?  Or, do you manage a large amount of contracts and need a basic yet streamlined contract management solution for optimal control and oversight?  Regardless of the position or size of the organization you are a part of, contracts are integral to your organizational processes.  From client contracts to employee contracts - among many others - your organization’s contract management KPIs can be hindered by contract non-compliance, disorganized pre-award contract processes, missed contract renewal opportunities, and more without the proper contract management system in place.  Read on to to learn how CobbleStone’s Contract Insight Express Edition can streamline your contract administration processes with a user-friendly and highly-configurable interface.

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